Posted on: 23/04/2019
New report reveals renewable projects could lose £15 per MWh due to regulatory changes
A new report issued today by SmartestEnergy forecasts that renewable projects could lose up to £15 per MWh by 2023 due to the combined impact of Ofgem’s proposed embedded benefit cuts and the Targeted Charging Review (TCR). The changing regulatory landscape could place future renewable investments at risk, but the energy industry is already demonstrating its resilience by finding ways to counteract this.
The report titled, The Future Energy Stack: Driving Value in an Uncertain Future, has been ...
Posted on: 06/12/2018
SmartestEnergy wins Supplier of the Year 2018!
Last night we were very excited to pick up The Energy Award for Supplier of the Year at the Hilton Park Lane hotel. The judges praised us for our green thinking and commitment to transparency.
As we celebrate 10 years of our I&C Supply business, we are proud to win back the Supplier of the Year title since our previous win in 2012.
“This is a fantastic achievement to end a year of milestones for SmartestEnergy with record volumes and customer numbers for our supply business. The award...
Posted on: 04/12/2018
Suncredit Energy’s 4MW Gas Peaker project provides flexible low-carbon power to help balance the grid
Suncredit Energy has successfully completed the testing and commissioning of its 4MW gas to power peaking project near Doncaster, Rossington Power Limited. The project has been generating power since the initial testing phase and is now fully operational and optimised, to deliver secure decentralised power when it is needed most.
The project, funded by Downing, has now transitioned from Suncredit’s construction team to its in-house asset management team who are working closely with...
Posted on: 06/11/2018
New Managed Flexibility product live for winter 18
The seasons change, the clocks go back and as winter beckons, we see the first major reductions to Triad payments kick in and further reform to imbalance pricing implemented. The need for asset optimisation services has never been stronger as SmartestEnergy launched their new Managed Flexibility product on Thursday 25th October.
That launch saw 6MW of flexible peak generation remotely dispatched through their online portal, to deliver power actively traded by SmartestEnergy in the energy spot...
Posted on: 01/05/2018
6,809 renewable projects now generate enough power for 8.4 million homes
Independent renewable capacity up by over 8% despite subsidy cuts
More than £227m was invested in 400 new independent renewable energy projects across Great Britain in 2017, the sixth annual Energy Entrepreneurs Report by SmartestEnergy reveals.
However, as renewable subsidies continue to fall away the pace of growth in the sector – which includes projects owned by developers, farmers, landowners and communities - was the lowest seen since the report was launched in 2012.
With the Renewable...
Posted on: 04/04/2018
SmartestEnergy and CDP continue partnership to drive transparency in renewables
SmartestEnergy continues to be the only UK electricity supplier accredited by CDP as one of their Renewable Energy Providers, with the partnership moving into its second year.
The supplier’s 100% renewable electricity, which is also independently certified by the Carbon Trust, provides the traceability and transparency to support UK companies disclosing their carbon emissions.
CDP, formerly the Carbon Disclosure Project, runs the global disclosure system that enables companies, cities, states ...
Posted on: 28/02/2018
SmartestEnergy extends its business model with landmark Origami Energy deal
SmartestEnergy, the UK’s leading purchaser of independent generation and a supplier of 100% certified renewable electricity, selects Origami Energy’s Technology Platform to extend its utility business model.
Following a rigorous and highly competitive selection process, SmartestEnergy has chosen Origami Energy’s Technology Platform to manage its customers’ distributed energy assets and consumption. In an important strategic move, the collaboration with Origami Energy will allow SmartestEnergy...
Posted on: 27/02/2018
£14m wind project underway after power purchase deal signed
Construction has begun on one of only a handful of onshore wind energy projects to have been awarded a Contract for Difference.
Work on the Achlachan project in the far north of Scotland started after developer Whirlwind Renewables signed a 15-year Power Purchase Agreement (PPA) with SmartestEnergy.
The 10MW, five turbine project - 17 miles from John O’Groats - is scheduled to be commissioned in early January 2019.
Once construction is completed at the site at Watten in Caithness, the...
Posted on: 15/01/2018
SmartestEnergy provides commercial services to 25MW Tynemouth battery storage project
Independent supplier/aggregator SmartestEnergy is providing the commercial services for the operations of the Tynemouth lithium-ion battery storage project developed in Newcastle by multinational power utility Enel.
Under the contract, SmartestEnergy will supply energy to and handle the offtake from the 25MW battery. SmartestEnergy will also provide services to support the four-year Enhanced Frequency Response (EFR) contract which the standalone battery project has secured with National Grid....
Posted on: 01/11/2017
Businesses challenged to increase uptake of renewable energy in supply chains
Businesses are being urged to do more to accelerate the low-carbon transition by driving greater take-up of renewable energy in their supply chains.
A new report has highlighted the huge potential to reduce emissions if corporates leveraged their purchasing power to amplify their own sustainability efforts.
Research for the Renewable Energy in the Supply Chain report compiled by leading independent energy supplier SmartestEnergy and featuring contributions from the Carbon Trust and CDP, found ...